Ramazan Eles 
While the crypto market has been falling due to the Bitcoin (BTC) factor, one of the coins that has been rising seriously is GLM. GLM rose over 42% yesterday and continued its rise today, rising 5%. What levels should we follow for GLM? What are the resistance and support levels? Here are the details!
GLM Coin Price Analysis
Golem (GLM), an open-source blockchain that offers a decentralized computing network and a flexible platform to users, has become the most rising altcoin of the day. GLM has increased by 30.8% in the last 24 hours.
According to data obtained from CoinGecko, GLM coin has realized a trading volume of 68.3 million dollars in the last 24 hours. GLM coin has a market capitalization of 498.22 million dollars.
As of the time of writing this content, GLM coin is trading at $0.5078.
The support level for GLM is $0.40 and the resistance is $0.70.
What is Golem Network (GLM)?
Golem Network (GLM) works as a decentralized, open-source platform that facilitates peer-to-peer communication and allows users to rent computing resources. Golem creates a reliable supercomputer by connecting several computers and making it available to people all over the world.
Golem enables users to perform a wide range of calculations and tasks, from simple to complex, with the combined processing power of their computers. Users can participate in research activities, view visuals, and manage websites in an efficient, cost-effective, and decentralized manner.